https://www.taxtmi.com/caselaws?id=791853 Seized cash was treated as unexplained income under section 69A of the Income-tax Act, 1961 because the assessee failed to substantiate the claimed source with reliable corroborative evidence. The explanation that the cash represented business receipts or inter-branch transfers was rejected where no branch-wise books, balance details, purpose of cash movement, or supporting records were produced, and the cash flow pattern and same-day bank deposit undermined credibility. On that factual basis, the deletion of the addition by the first appellate authority was held unsustainable and the assessment addition was restored. en-us Fri, 24 Apr 2026 00:00:00 +0530 Tue, 19 May 2026 08:18:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791853 Seized cash was treated as unexplained income under section 69A of the Income-tax Act, 1961 because the assessee failed to substantiate the claimed source with reliable corroborative evidence. The explanation that the cash represented business receipts or inter-branch transfers was rejected where no branch-wise books, balance details, purpose of cash movement, or supporting records were produced, and the cash flow pattern and same-day bank deposit undermined credibility. On that factual basis, the deletion of the addition by the first appellate authority was held unsustainable and the assessment addition was restored. Case-Laws Income Tax Fri, 24 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791853